Mayor Edgardo Labella ask "Where's the purchaser, Tom?

WHERE is the purchaser of the three-hectare part in the South Road Properties (SRP) in Cebu City? 

Cebu City Vice Mayor Edgardo Labella needs this inquiry replied, two years after the City Council passed the mandate permitting Cebu City Mayor Tomas Osmeña to sell the land, which is worth P110,000 per square meter. 

Osmeña is running in the May 13 midterm decisions, looking for another term as city hall leader while Labella is testing him. 

Labella did not concur with Osmeña's Facebook post, which marked him as the individual who empowered the organization of previous city hall leader Michael Rama to permit "one of the biggest duty dodgers in this nation to take P35.4 billion from Cebu City." 

Osmeña was alluding to a great deal SM, Ayala and Filinvest Land Inc. (FLI) acquired in an open offering. FLI later pulled out of the arrangement, practicing its choice to cancel the buy of the property. 

"You undervalued 46 hectares of the SRP at P38,000 per square meter. The estimation of that land is in any event P115,000 per square meter, as demonstrated by another idea to purchase (the parcel). That is a distinction of P77,000 per square meter, and P770 million for each hectare. You helped take P35.4 billion from the Cebuanos," a segment of Osmeña's post read.

In any case, Labella said the 46-hectare property was sold at a cost twofold the first sum set by the Commission on Audit. He censured Osmeña for selling the land where SM Seaside City remains at P8,000 per square meter. 

Labella said Osmeña regularly boasted that the parcel in SRP can be sold at P110,000 per square meter, yet the occupant civic chairman neglected to satisfy sell the three-hectare part at this cost to Federal Land Inc, which communicated enthusiasm to get it. 

Superbalita Cebu endeavored to get the side of Osmeña, yet he didn't answer the calls. 

Be that as it may, Assistant City Administrator Veronica Morelos, executive of the advisory group on honors, said there are two intrigued purchasers who have obtained offered archives. 

The pre-offered meeting will be hung on April 10 while the offering legitimate will be on April 23. 

The biggest offer surpasses P110,000 per square meter and has been pronounced the most elevated bidder. 

Then, Osmeña is certain of being reelected as city hall leader. 

In a Facebook post, he depicted Labella's interest in the Integrated Bar of the Philippines Cebu City-supported discussion as the way to his triumph. 

"Mr. Labella, your runningmate (who still has not consented to discuss!) said something very similar in 2016, and he lost by 35,000 votes. After the general population see this discussion, you will lose more," Osmeña stated, alluding to Rama. 

Labella, a previous Ombudsman executive, said he will give the electorate a chance to choose who is fit to run the city. 

He said he has become accustomed to the civic chairman's boisterous mouthed nature, including that the last anticipated his annihilation in the bad habit mayoralty race in the 2013 midterm races. 

Labella won, overcoming Osmeña's nearby partner, Joy Augustus Young. Rama crushed Osmeña in similar decisions.

PROJECT SRP CEBU PROPERTY ELECTIONS
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